So uhm Greece, since we now have the the largest unemployment rate in the EU, could we like get back the money we loaned to you? Sincerely, Finland.
[deleted] on
[deleted]
macross1984 on
Good news to hear. Greece is still recovering from its financial debacle that forced the country to borrow from IMF but so far it is making headway in paying back the loan.
Castlelightbeer on
Finland, what happened ?
Nikiaf on
Credit where credit is due, Greece has really turned it around over the last 10-15 years. We used to be fixated on the whole notion of a Grexit, but that simply didn’t need to occur in the end.
LeftHandedGraffiti on
I was in Athens a few years ago and the 20-something working the front desk at the hotel said they just split the jobs so everyone is underemployed. 1 person working a 40 hour job is now 2 people working 20 hour jobs. Unemployment solved!
So i’m hesitant to believe these numbers werent just gamed.
yougonnapickmeup on
That yogurt should worked out for em, eh
Bluestreak2005 on
This likely has a lot to do with minimum wage increases, with has gone up significantly since 2019. The current minimum wage is €880 per month (with a minimum daily wage of €39.30 for manual workers). From 2019 to 2025, it has risen by 35.4%.
Raise it more and push past the 950 goal, push for 980 or 1000 instead by 2027. It’s generating lots of economic growth and expansion as more citizens have spending money. It increases government revenue and should lead to even faster debt reduction.
Azatis- on
Majority of people need to work 2 jobs to just rent a place lol
TheGrandLeveler on
Because everyone under 30 has moved abroad, lol
davidptm56 on
Spain and Greece finally recovering… Time for another crisis, I guess.
Sprinkle_Puff on
What are they doing? And how can we emulate it? Did they kick all the tech assholes out?
isoAntti on
> Also, the figures show that the number of people seeking work in Greece has substantially decreased, despite five increases in the minimum wage since 2019 and a gradual rise in average private-sector wages, ELSTAT said.
So it’s not the tax breaks for companies that feed the economy but purchase power of the lowest third.
Nal1999 on
People reading that Greece has jobs 😀
People reading the salary 😳
People seeing the purchasing power 😬
People actually hear how Greeks have to put through while the government celebrates that everything is great on paper 😭
Meanwhile Greeks are just being used to it 🥲
fraper on
Hahaha hahahahaha. Hahahaha.
Now to be serious. People working in Greece up to twelve hours daily up to six and sometimes seven days (Christmas looking at you) a week. And even then they have to face evictions, because everything is Airbnb now, and high rents. Whoever doesn’t work his ass off and most of the times doesn’t have enough even for the bare minimum is leaving the country if he can. But unemployment is low… Also kathimerini as almost every media in Greece right now is corrupt to the bone.
Koala_eiO on
Now let’s see (1 – employment rate). I know my country cheats on unemployment rate figures simply by counting people who benefit from the unemployment allowance, not by counting people who don’t have a work.
ssjIMIXON on
mhmmmm well ngl, I sort of created my own business by just reaching high levels in gaming with great customization. that could work in my opinion…
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So uhm Greece, since we now have the the largest unemployment rate in the EU, could we like get back the money we loaned to you? Sincerely, Finland.
[deleted]
Good news to hear. Greece is still recovering from its financial debacle that forced the country to borrow from IMF but so far it is making headway in paying back the loan.
Finland, what happened ?
Credit where credit is due, Greece has really turned it around over the last 10-15 years. We used to be fixated on the whole notion of a Grexit, but that simply didn’t need to occur in the end.
I was in Athens a few years ago and the 20-something working the front desk at the hotel said they just split the jobs so everyone is underemployed. 1 person working a 40 hour job is now 2 people working 20 hour jobs. Unemployment solved!
So i’m hesitant to believe these numbers werent just gamed.
That yogurt should worked out for em, eh
This likely has a lot to do with minimum wage increases, with has gone up significantly since 2019. The current minimum wage is €880 per month (with a minimum daily wage of €39.30 for manual workers). From 2019 to 2025, it has risen by 35.4%.
Raise it more and push past the 950 goal, push for 980 or 1000 instead by 2027. It’s generating lots of economic growth and expansion as more citizens have spending money. It increases government revenue and should lead to even faster debt reduction.
Majority of people need to work 2 jobs to just rent a place lol
Because everyone under 30 has moved abroad, lol
Spain and Greece finally recovering… Time for another crisis, I guess.
What are they doing? And how can we emulate it? Did they kick all the tech assholes out?
> Also, the figures show that the number of people seeking work in Greece has substantially decreased, despite five increases in the minimum wage since 2019 and a gradual rise in average private-sector wages, ELSTAT said.
So it’s not the tax breaks for companies that feed the economy but purchase power of the lowest third.
People reading that Greece has jobs 😀
People reading the salary 😳
People seeing the purchasing power 😬
People actually hear how Greeks have to put through while the government celebrates that everything is great on paper 😭
Meanwhile Greeks are just being used to it 🥲
Hahaha hahahahaha. Hahahaha.
Now to be serious. People working in Greece up to twelve hours daily up to six and sometimes seven days (Christmas looking at you) a week. And even then they have to face evictions, because everything is Airbnb now, and high rents. Whoever doesn’t work his ass off and most of the times doesn’t have enough even for the bare minimum is leaving the country if he can. But unemployment is low… Also kathimerini as almost every media in Greece right now is corrupt to the bone.
Now let’s see (1 – employment rate). I know my country cheats on unemployment rate figures simply by counting people who benefit from the unemployment allowance, not by counting people who don’t have a work.
mhmmmm well ngl, I sort of created my own business by just reaching high levels in gaming with great customization. that could work in my opinion…